9 Durrell Drive
Paradise, NL, A1L4J1
4 Beds | 4 Baths
$545,900
About the property (MLS: 1291186):
A modern and spacious 2 apartment home is about to begin construction by Blueprint Homes. This home has a nice main floor layout with bright living/ dining areas with the kitchen and large island in the middle. There is a walk in pantry and a 2 piece washroom on the main. Upstairs there are 3 bedrooms with an ensuite and closet in the master, 2 other bedrooms with closets and a full washroom complete the 2nd floor. The 1 bedroom apartment has a living area, a sweet kitchen, a bedroom with a closet, a laundry closet and a full washroom with storage. This is a growing new area of Paradise close to many amenities, schools and shopping. Still time to pick colours, flooring, paint, lighting etc.. Generous allowances, R-50 insulation and a 10x12 patio on the back of the house. Measurements are approximate and must be verified. Spring 2026 for completion. (id:56688)
Property Details
Listing ID: 28954699
Address: 9 Durrell Drive, Paradise, Newfoundland & Labrador, Canada A1L4J1
Status: Active
Last updated: a month ago ( Oct 6, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 2,191 square feet
Price per sq ft: $250
Tax Annual Amount: $0
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric, Mini-Split
Flooring: Other
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.550524, -52.89337]
Rooms
| Basement | Not known Not known Not known | 9.9x11.6 null 11.3x11.6 null 9.1x9.5 null |
| Second level | Bedroom Bedroom Primary Bedroom | 10.4x9.8 null 10.4x10.10 null 13.7x11.8 null |
| Main level | Dining room Living room Not known Kitchen | 17.8x10.3 null 13.4x12 null 7x5.2 null 21x9.9 null |
Basic Calculator
First Mortgage: $436,720
Mortgage insurance premium: $0
Total Financing: $436,720
Rough closing fee (1.5%): ~ $8,189
Total downpayment with estimated closing fee: $117,369
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,411 | $28,932 |
| Gross rental income (income/principal ratio) | 0.442% | 5.300% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $683 | $8,196 |
| Vacancy | $121 | $1,447 |
| Management Fee | $193 | $2,315 |
| Expense / Income Ratio | 28.33% | 28.33% |
| Cash Flow | $1,415 | $16,980 |
| Net Operating Income (NOI) | $1,415 | $16,980 |
| Capitalization Rate | 0.26% | 3.11% |
